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The latest announcement is out from Nitto Seiko Co., Ltd. ( (JP:5957) ).
Nitto Seiko Co., Ltd. has completed the acquisition of Vulcan Forge Private Limited and Vulcan Cold Forge Private Limited, converting them into its subsidiaries. This strategic move is expected to enhance Nitto Seiko’s operations and market positioning, although the financial impact is still under review.
More about Nitto Seiko Co., Ltd.
Nitto Seiko Co., Ltd. operates in the manufacturing industry, focusing on the design, manufacture, and sales of forged parts. The company is listed on the Tokyo Stock Exchange Prime Market and aims to strengthen its market position through strategic acquisitions.
YTD Price Performance: -4.33%
Average Trading Volume: 66,425
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: Yen21.75B
For a thorough assessment of 5957 stock, go to TipRanks’ Stock Analysis page.